Received the money by bank transfer. After speaking to one of my police officer friends, you're right, it is still fraud so I'll be reporting him to the relevant parties!
Mick seems to insist that people in this thread are fake profiles or simply liars, and that he's made a report with the police. I've asked him for the crime reference number to see if they'd like to hear my take on the story, but I think I'm more likely to see a SansAmp pedal on my doorstep tomorrow morning.
Sorry to hear about those still waiting on their money, with any luck this guy will be dealt with soon enough!